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20100401
20100430
Search Results 0 to 8 of about 9 (some duplicates have been removed)
, many are dead and missing. >>> maximum penalty, the government fines toyota for hiding safety defects. >>> earthquake in southern california. does this mean the next big one is coming? >>> and tiger returns. tiger woods at the masters talking about drugs, injuries and the reaction of the crowds. >>> good evening. as we come on the air tonight, we begin with breaking news. a mine disaster in west virginia. at least half a dozen miners confirmed dead. many more are missing. david muir has been taking in all the lateers reports. >> reporter: we just got off the phone with the west virginia state police. they confirm the explosion happened at the massey energy upper big branch mine. that is south of charleston. here are the numbers as they're coming into the associated press. x miners killed. 21 unaccounted for. just within the last couple of days, the top federal agency that looks into the mine safety in this country said more needed to be done since sago. the high tech equipment that was called for in these mines in case of accidents like these. now we have this. >> of course 12 people
by all the big car companies rose dramatically, including toyota. chris bury tells us there's a clear explanation why. >> reporter: for all its recent troubles, e massive recall, the public relations fiascos the embarrassment of having executives hauled before congress, toyota enjoyed sizzling sales last month, up 41% over last year. the big reason? generous incentives that lured bacchus hers. >> it's clear there are a lot of loil toyota customers out there that were ready and willing to take advantage of the incentives. >> reporter: toyota fought its image battles with an aggressive advertising campaign. >> we want to believe we can always be better. >> reporter: but the biggest incentives in toyota history, nearly $2300 per vehicle, helped turn around two straight months of declining sales. and american car makers were on a shot streak, too. >> the finance rates are wonderful, and people are realizing that ford is the car. >> reporter: at ford, sales were nearly up 40%, gm, 22%. chrysler, still struggling, posted an 8% decline. american automakers offer generous incentives, too, but
to the loss suffered in the same period a year ago. one reason the trbs forced by toyota. but we asked chris bury to find out if the ads saying ford is the top in safety and reliability are true? >> ford has come roaring back, its profits surging after convincing consumers that fords are better than foreign cars. >> i love the idea that this is an american-made car. it gave people in my country jobs. >> so how did ford change its car and its business? ironically, ceo alan mulally used toyota as his model as he turned ford around. >> every vehicle would be best in class in terms of quality, fuel efish aenls, safety, smart design, and best value. >> to get there, ford went back to the drawing board, designing sturdier, safer cars. it added more testing to the assembly line and marketing the changes relentlessly. >> look at you talking me into a ford. >> they have gone head to head with the imports on quality, which is something they avoided years ago. >> consumer reports now finds 90% of fords better or average in reliability. in crash tests, they now share top safety ratings. american consume
, toyota said it will stop selling the lexus gs-460. lisa stark has the story from the test track in connecticut. >> reporter: watch what happens when the lexus gx-460 comes into a curve too quickly and the test driver tripes to slow down by taking his foot off the gas. the rear tires slide out, resulting in a long, uncontrolled skid. consumer reports warns the suv could roll over. >> i've been here for 11 years. i have never seen an suv do anything this bad. >> reporter: fisher told me the suv's electronic stability control, designed to stop skids and rollovers did kick in, but too late. that's a pretty drastic recommendation, don't buy this vehicle. >> yeah, it's been almost 10 years since we've put a do not buy designation on any vehicle that we've tested. so, this really is a serious concern. >> reporter: in a statement today, toyota said it is concerned with the results of consumer reports' testing and will try to duplicate the results to determine if appropriate steps need to be taken. yet another big bump in the road for an automaker that can ill afford one. lisa stark, abc
. >> reporter: so, how did it happen? well, cash for clunkers, and toyota's pr might mare helped a bit, but mostly it was bankruptcy, which lightened their burdens. more popular vehicles finally catching on with the public, and with the bailout came a massive shakeup in management. >> general mow tomorrows has undergone a revolution in its top management. because they don't have loyal tills to the past, they can go in with fresh ideas. >> reporter: when ed whitacre took over the form e head of at&t admitted he knew nothing about building cars, and soon fired gm managers. >> we invite you to take a look at the new gm. >> reporter: and now the star of their new commercials must convert momentum into money, because general motors still owes america $45 billion. that is how much stock we, the taxpayers, own. but if they can make real money, the treasury can sell that stock in the next year or two and maybe, just maybe, get most of it back. and then, diane, both presidents bush and obama can take credit for saving hundreds of thousands of jobs at a cost far lower than anyone thought. >> wha
Search Results 0 to 8 of about 9 (some duplicates have been removed)

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